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Global reinsurance group Munich Re has partnered with Africa Finance Corporation (AFC) to launch a US$1 billion Unfunded Managed Debt Mobilisation Program (UMDMP), delivering a programmatic credit risk-sharing facility designed to scale trade finance liquidity across Africa. The programme provides African banks with faster access to expanded trade finance resources. By pre-establishing risk limits and…
Anthropic, the US artificial intelligence company that develops the Claude family of AI models, has officially filed its Form S-1 registration statement with the US Securities and Exchange Commission (SEC), paving the way for a potential stock market listing as soon as mid-November. The planned initial public offering (IPO) has brought renewed attention to the…
Brown & Brown has disclosed revenue of $5.3 billion for the nine months ended September 30, 2026, up 23.4% from the same period last year. Meanwhile, the firm’s income before tax rose 17.6% to $1.24 billion for the period, while adjusted earnings before interest, taxes, depreciation, amortisation and change in estimated acquisition earn-out payables (EBITDAC)…
Guidewire has entered into a definitive agreement to acquire hyperexponential (hx) for a base purchase price of $1.7 billion in cash, subject to adjustments. The deal also includes up to an additional $400 million in contingent consideration based on the achievement of specified recurring revenue targets, Guidewire explained. London-based hx provides an agentic platform for…
Amanda Seyfried has opened up about her decision to turn down a part in one of Marvel’s most lucrative franchises. In the 2010s, the Oscar nominee had been in consideration to play the alien Gamora in Guardians Of The Galaxy, but turned it down as she wasn’t convinced by the movie’s commercial appeal. During a…
Jamie Miller’s road to the number one spot is certainly a fitting success story for 2026. Last week, the Welsh singer’s hit Babydoll topped the UK singles chart two months on from its release, after becoming a viral hit on TikTok. But while, at first glance, Jamie might seem like an overnight success, he’s actually…
The Hartford, a US insurance and financial services provider, has reported a net income available to common stockholders of $1.3 billion for the third quarter of 2026, a 23% increase from $1.1 billion in the same period a year earlier. During the quarter, Property & Casualty (P&C) written premiums increased by 4%, driven by Business…
The Asia Pacific reinsurance market remains firmly in buyers’ favour, with a key challenge for insurers being not whether capacity is available in the competitive landscape, but how to deploy reinsurance most effectively, according to global reinsurance broker Gallagher Re. In its 2026 Asia Pacific Market Watch report, Gallagher Re explained that ample capacity, strong…
This article contains major spoilers for the latest season of Slow Horses. Slow Horses director Adam Randall has opened up about what went into creating one of the show’s most shocking death sequences. Earlier this month, many Slow Horses viewers were left shocked when JK Coe, played in the series by Tom Brooke, was killed…
The Ardonagh Group, a large independent insurance distribution platform, has announced it will adopt the Orvia Underwriting brand across its suite of leading managing general agent (MGA) businesses. The unified platform brings together more than $3 billion in gross written premium (GWP) and triggers a number of executive appointments designed to drive and accelerate the…